China’s haircare market is significant, and there’s plenty of headroom to grow. Mintel, a market research firm, estimates China’s haircare market will grow to RMB 53.6 billion (USD 7.6 billion) by 2021. The market’s increasing growth is driven by premiumization and specific haircare issues affecting the Chinese population. In terms...
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Cross-border e-commerce
China is a major food importer. Although the majority of Imported Food To China are meat, dairy, and seafood, there are also signs of broad consumer interest in imported processed foods and alcoholic beverages, among other specialty items. Indeed, in 2019, there were 2,283 kinds of imported foods from 176...
We've just passed Double 11, the largest e-commerce extravaganza in the world. Given the occasion, we’d be remiss if we didn’t discuss e-commerce. Before we get to our annual summary of top trends, we thought we’d clarify a few things about Chinese budget e-commerce platforms. China’s e-commerce landscape is rich...
China’s urbanites want to look as good as possible, for as long as possible. Indeed, China’s urbanites spend more on skincare and cosmetics than luxury, according to a study from Kantar. It’s important to note that this skincare spend isn’t just on creams and serums applied to the face, neck,...
Have you heard of Beyond Meat and Impossible Foods? If so, chances are you know a little about the market for meat substitutes and plant-based protein. But what are the prospects for meat substitutes and Plant-Based Meat In China? Read on to find out what China’s market for plant-based meat...
China’s yoghurt market has seen exceptional growth. Increasing dairy consumption and yoghurt’s popularity as a snack have meant double-digit growth over the last five years, and created a market worth USD $20 billion. Let’s unpack the size of the opportunity and what it means for imported brands. Image: Getty Images;...
Over the last 18 months, we’ve been taken aback by how quickly grey-market imports through suitcase shoppers (Daigou) have shrunk. Daigou (“to buy on behalf of someone else” in Mandarin) have been taking advantage of price arbitrage and product scarcity for around a decade. In Australia alone, there were estimated...
Overseas markets face a challenging business environment. Many companies are looking to China for growth. Alibaba, China’s pre-eminent e-commerce company, wants to help high-quality overseas brands make the leap. Alibaba’s cross-border e-commerce marketplace, Tmall Global, announced plans to bring 1,000 new overseas brands onto its e-commerce platform over the next...
Have you heard of "livestream e-commerce" but aren’t quite exactly sure what it is or how your brand can use it? Read on to get up to speed in record time – all it takes is the time to read this blog post and five slides! Like many other things...
If you’re familiar with our blog, you would know we’re massively into skincare. Not only do we highlight opportunities for skincare brands in China, but we roll up our sleeves and get results for exciting brands in growing niches. Today, we’re going to look at what cruelty-free skincare brands are...